Attachments: Auslanco - GBP/JPY and GBP/USD (newstrade)

Auslanco - GBP/JPY and GBP/USD (newstrade)

#150,321
Dec 18, 2008 11:01am Dec 18, 2008 11:01am

Piters
Joined Sep 2006 | Status: Collector | 9,833 Posts

Another thing,

London closes in 1 min, IS it possible that London guys are going to be short with this selloff ?

I mean, the selloff after the London Close, all profit to US guys ?? ( and US of course)
or maybe the london boys are having Overtime hours TODAY

funny lool!

#150,322
Dec 18, 2008 11:01am Dec 18, 2008 11:01am

Pipsqueak
| Joined Feb 2007 | Status: Forex Ace | 513 Posts

Another hourly rejection. GU has also hit a 4H trendline. If it bounces then we may see GJ up to 137 again.

#150,323
Dec 18, 2008 11:05am Dec 18, 2008 11:05am

gillybabe
| Joined Sep 2008 | Status: Trader | 473 Posts

Quoting Piters

Disliked

bro, dont know about the patterns, I believe you 100%,
but as I said to you today.. we are about to fall deeply off the cliff.
All major corrections are done.. only the the biggest one left. and they are pointing only on one way

123 - 126

lets play/// [iam waiting on this from 139, you know that]

Ignored

Do the markets effectively close down between Xmas and New year or is there serious trading then. If everyone is on hols, then this has to happen today/tomorrow. Didn't Dr G say something about it has to happen so that the shorts can all be closed for the books or something, by the market makers?

#150,324
Dec 18, 2008 11:06am Dec 18, 2008 11:06am

Piters
Joined Sep 2006 | Status: Collector | 9,833 Posts

ok guys, nothing happend, you can have a rest next hour - hour and a half..

usualy after the lunch break, the big things happens. [1.30pm EST]

#150,325
Dec 18, 2008 11:16am Dec 18, 2008 11:16am

Piters
Joined Sep 2006 | Status: Collector | 9,833 Posts

Quoting gillybabe

Disliked

Do the markets effectively close down between Xmas and New year or is there serious trading then. If everyone is on hols, then this has to happen today/tomorrow. Didn't Dr G say something about it has to happen so that the shorts can all be closed for the books or something, by the market makers?

Ignored

on this quiestion, I'll try again, but dont know can I

see, majority of big players, they already closed their books. and by standard market conditions, we should expect one rally for christmas, and that is it ( with a lot of CHOPPY DAYS.. coused by low trade volume)

BUT, yesterday is a historical DAY, when everything is twisted and everything is different// USD now is a currency with the lowest interest rates.. mean:

We can expect a BIG movements, TRANSFER of capital, shares, Investment classes. banks, funds, they are moving the things around.. see.. very simple

USD and JPY

the target become a Hunter..
The Hunter now is a Target..

Honestly, I dont believe that anyone can now tells where we are heading. Only we are looking in charts, and with the Technical analysis we are trying to predict the very next move.. (but Short Distance)

See from Elliot Waves perspective, DOW, GY, GU .... ect,, need to complete the last leg down... so that is what I am waiting for...

#150,326
Dec 18, 2008 11:23am Dec 18, 2008 11:23am

Piters
Joined Sep 2006 | Status: Collector | 9,833 Posts

wow wow woow. wait buddy, majority are on Lunch break...

Cheater !!!

#150,327
Dec 18, 2008 11:27am Dec 18, 2008 11:27am

Ben920FX
| Joined Sep 2008 | Status: Pip banker | 263 Posts

I don't catch it, will just wait for the retracement

My edge ===> Patience

#150,328
Dec 18, 2008 11:41am Dec 18, 2008 11:41am

hadleyma
| Joined Dec 2008 | Status: Trader | 131 Posts

can anyone explain wtf just happend? blew through my support line

#150,329
Dec 18, 2008 11:48am Dec 18, 2008 11:48am

vinesh2
Joined Aug 2007 | Status: Trader | 2,616 Posts

GJ is falling b/c of GU. IMO UJ is going to soar in the coming days b/c of intervention by Japanese and rumors of rate cut

#150,330
Dec 18, 2008 11:52am Dec 18, 2008 11:52am

belekas
Joined Sep 2007 | Status: gone fishing | 5,782 Posts

Huge bearish HD is building on the 4hr USD/YEN

#150,331
Dec 18, 2008 11:53am Dec 18, 2008 11:53am

hadleyma
| Joined Dec 2008 | Status: Trader | 131 Posts

I know, agreed, but the real question is, how low can this go? still trying to update my charts...

#150,332
Dec 18, 2008 11:58am Dec 18, 2008 11:58am

lilmoe
Joined Aug 2007 | Status: The Weather Man | 8,859 Posts

Quoting Piters

Disliked

wow wow woow. wait buddy, majority are on Lunch break...

Cheater !!!

Ignored

#150,333
Dec 18, 2008 12:07pm Dec 18, 2008 12:07pm

Piters
Joined Sep 2006 | Status: Collector | 9,833 Posts

Quoting lilmoe

Disliked

Ignored

any idea about the targets, bro ?

mine next is 132

#150,334
Dec 18, 2008 12:11pm Dec 18, 2008 12:11pm

susufx
| Joined Apr 2008 | Status: Trader | 545 Posts

Quoting Piters

Disliked

any idea about the targets, bro ?

mine next is 132

Ignored

lol im in for a long scalp at 134

#150,335
Dec 18, 2008 12:13pm Dec 18, 2008 12:13pm

lilmoe
Joined Aug 2007 | Status: The Weather Man | 8,859 Posts

Quoting Piters

Disliked

any idea about the targets, bro ?

mine next is 132

Ignored

daily S1 looks like where we're getting the initial bounce, that's where i also have an FE 100...

a close below that and it's FE 127.2 a 132.77, so it's basically testing last week's low

#150,336
Dec 18, 2008 12:34pm Dec 18, 2008 12:34pm